It was a night like no other in the recent history of the United States capital.
The assault of a violent rabble on the institutions of the US government that followed a speech by President Donald Trump and coincided with a Congressional session to confirm the new president as Joe Biden, has drawn a huge response by the world on social media, but also by prominent figures at home in America and around the world.
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An explosion caused by a police munition is seen while supporters of former president Donald Trump gather in front of the US Capitol Building in Washington, US, January 6, 2021. Reuters -

A supporter of US President Donald J. Trump sits on the desk of US House Speaker Nancy Pelosi, after supporters of US President Donald J. Trump breached the US Capitol security in Washington. EPA -

Police detain a person as supporters of US President Donald Trump protest outside the US Capitol. AFP -

Protesters enter the US Capitol Building. AFP -

A protester holds a Trump flag inside the US Capitol Building near the Senate Chamber. AFP -

US Capitol police officers point their guns at a door that was vandalized in the House Chamber during a joint session of Congress. AFP -

Members of congress run for cover as protesters try to enter the House Chamber during a joint session of Congress. AFP -

Congress staffers barricade themselves after Trump supporters stormed inside the US Capitol. AFP -

Congress staffers barricade themselves after Trump supporters stormed inside the US Capitol. AFP -

Congress staffers hold up their hands while Capitol Police Swat teams check everyone in the room as they secure the floor of Trump supporters. AFP -

US Capitol Police stand detain protesters outside of the House Chamber during a joint session of Congress. AFP -

A supporter of US President Donald Trump sits at a desk after invading the Capitol Building. AFP -

A protester sits in the Senate Chamber. AFP -

Pro-Trump protesters tear down a barricade as they clash with Capitol police during a rally to contest the certification of the 2020 US presidential election results by the US Congress. Reuters -

Police hold back supporters of US President Donald Trump as they gather outside the US Capitol's Rotunda. AFP -

Supporters of US President Donald Trump enter the US Capitol's Rotunda. AFP -

A protester is seen hanging from the balcony in the Senate Chamber. AFP -

Riot police prepare to move demonstrators away from the US Capitol. AFP -

Trump supporters clash with police and security forces as they storm the US Capitol. AFP -

Trump supporters clash with police and security forces, as they storm the US Capitol. AFP -

A supporter of US President Donald Trump wears a gas mask as he protests after storming the US Capitol. AFP -

Pro-Trump supporters storm the US Capitol following a rally. AFP -

Supporters of US President Donald Trump protest inside the US Capitol. AFP -

US President Donald Trump is seen on TV from a video message released on Twitter addressing rioters at the US Capitol, in the Brady Briefing Room at the White House in Washington, DC. AFP -

Trump supporters clash with police and security forces as they storm the US Capitol in Washington, DC. AFP -

Supporters of US President Donald Trump protest in the US Capitol Rotunda. AFP -

Paramedics perform cardiopulmonary resuscitation on a patient. AFP -

A wounded protester is carried on barricade as demonstrators breach the US Capital building grounds. Bloomberg -

US Vice President Mike Pence and House Speaker Nancy Pelosi preside over a joint session of Congress to certify the 2020 Electoral College results after supporters of President Donald Trump stormed the Capitol earlier in the day on Capitol Hill in Washington, DC. EPA -

Rep. Andy Kim, D-N.J., cleans up debris and personal belongings strewn across the floor of the Rotunda in the early morning hours of the morning, after protesters stormed the Capitol in Washington. AP
What were the most striking comments of Wednesday night in Washington and during Thursday's aftermath? We run a selection here:
"We love you. You're very special." - President Donald Trump to his supporters
"To those who wreaked havoc in our Capitol today, you did not win. Violence never wins. Freedom wins." - Vice-President Mike Pence
"Today is a reminder, a painful one, that democracy is fragile. To preserve it requires people of good will, leaders with the courage to stand up, who are devoted not to pursuit of power and personal interest at any cost, but to the common good." - US President-Elect Joe Biden
"Shocking scenes in Washington, D.C. The outcome of this democratic election must be respected." - Nato Secretary General Jens Stoltenberg
"What the mob did to our Senate Chamber today was an utter disgrace." - US National Security Adviser Robert O'Brien
"Trump and I, we had a hell of a journey. I hate it being this way … all I can say is count me out. Enough is enough. I tried to be helpful." - Republican Senator Lyndsey Graham
"History will rightly remember today's violence at the Capitol, incited by a sitting president who has continued to baselessly lie about the outcome of a lawful election, as a moment of great dishonor and shame for our nation." – Former US President Barack Obama
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A protester yells inside the Senate Chamber. AFP -

epa08923404 Supporters of US President Donald J. Trump outside the senate chambers after breaching Capitol security in Washington, DC, USA, 06 January 2021. Protesters entered the US Capitol where the Electoral College vote certification for President-elect Joe Biden took place. EPA/JIM LO SCALZO -

Leigh Ann Luck dressed up as Statue of Liberty shouts as supporters of U.S. President Donald Trump gather near U.S. Capitol building in Washington, U.S., January 6, 2021. REUTERS/Leah Millis TPX IMAGES OF THE DAY -

People are seen in the House gallery as protesters try to break into the House Chamber at the U.S. Capitol on Wednesday, Jan. 6, 2021, in Washington. (AP Photo/Andrew Harnik) -

Protesters enter the U.S. Capitol Building. AFP -

epa08923440 A supporter of US President Donald J. Trump sits on the desk of US House Speaker Nancy Pelosi, after supporters of US President Donald J. Trump breached the US Capitol security in Washington, DC, USA, 06 January 2021. Protesters stormed the US Capitol where the Electoral College vote certification for President-elect Joe Biden took place. EPA/JIM LO SCALZO -

TOPSHOT - A supporter of US President Donald Trump wears a gas mask as he protests after storming the US Capitol on January 6, 2021, in Washington, DC. Demonstrators breeched security and entered the Capitol as Congress debated the a 2020 presidential election Electoral Vote Certification. President-elect Joe Biden denounced the storming of the US Capitol as an "insurrection" and demanded President Donald Trump go on television to call an end to the violent "siege." / AFP / Brendan SMIALOWSKI -

TOPSHOT - Supporters of US President Donald Trump enter the US Capitol's Rotunda on January 6, 2021, in Washington, DC. Demonstrators breeched security and entered the Capitol as Congress debated the a 2020 presidential election Electoral Vote Certification. / AFP / Saul LOEB -

TOPSHOT - Supporters of US President Donald Trump enter the US Capitol on January 6, 2021, in Washington, DC. Demonstrators breeched security and entered the Capitol as Congress debated the a 2020 presidential election Electoral Vote Certification. / AFP / Saul LOEB -

TOPSHOT - A supporter of US President Donald Trump sits at a desk after invading the Capitol Building on January 6, 2021, in Washington, DC. Demonstrators breeched security and entered the Capitol as Congress debated the a 2020 presidential election Electoral Vote Certification. / AFP / Saul LOEB -

TOPSHOT - A man calls on people to raid the building as Trump supporters clash with police and security forces as they try to storm the US Capitol in Washington D.C on January 6, 2021. Demonstrators breeched security and entered the Capitol as Congress debated the a 2020 presidential election Electoral Vote Certification. / AFP / Joseph Prezioso -

Trump supporters gesture to U.S. Capitol Police in the hallway outside of the Senate chamber at the Capitol in Washington, Wednesday, Jan. 6, 2021. (AP Photo/Manuel Balce Ceneta)
"This is a national tragedy and is not who we are as a nation." – Former US President Jimmy Carter
"This is how election results are disputed in a banana republic." – Former US President George W Bush
"Today, America looked into the abyss created by Donald Trump and my fervent hope is that even his enablers will now finally draw back in horror." - Former US Vice President Al Gore
"I have no doubt that... American democracy will prevail. It always has." – Benjamin Netanyahu, Israeli Prime Minister
"It is now vital that there should be a peaceful and orderly transfer of power." - Boris Johnson, UK Prime Minister
"What happened today in Washington DC is definitely not American." - French President Emmanuel Macron
"Violence will never succeed in overruling the will of the people. Democracy in the US must be upheld, and it will be." - Justin Trudeau, Canadian Prime Minister
"Yesterday was a dark day for the United States." - Woody Johnson, US Ambassador to the UK
"Our democratic institutions have been strong for a very long period of time, our democracy will prevail and our institutions will remain strong. Now is the time for our nation to come together as one and to respect the democratic process in the United States." - US Treasury Secretary Steve Mnuchin
Trump v Khan
2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US
2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks
2019: Trump calls Khan a “stone cold loser” before first state visit
2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”
2022: Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency
July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”
Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.
Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”
Name: Peter Dicce
Title: Assistant dean of students and director of athletics
Favourite sport: soccer
Favourite team: Bayern Munich
Favourite player: Franz Beckenbauer
Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates
KILLING OF QASSEM SULEIMANI
National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
Simon Waldman: Cautious Israel keeping a low profile
Auron Mein Kahan Dum Tha
Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Know before you go
- Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
- If you’re driving, make sure your insurance covers Oman.
- By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
- Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
- Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.
SQUADS
Bangladesh (from): Shadman Islam, Mominul Haque, Soumya Sarkar, Shakib Al Hasan (capt), Mahmudullah Riyad, Mohammad Mithun, Mushfiqur Rahim, Liton Das, Taijul Islam, Mosaddek Hossain, Nayeem Hasan, Mehedi Hasan, Taskin Ahmed, Ebadat Hossain, Abu Jayed
Afghanistan (from): Rashid Khan (capt), Ihsanullah Janat, Javid Ahmadi, Ibrahim Zadran, Rahmat Shah, Hashmatullah Shahidi, Asghar Afghan, Ikram Alikhil, Mohammad Nabi, Qais Ahmad, Sayed Ahmad Shirzad, Yamin Ahmadzai, Zahir Khan Pakteen, Afsar Zazai, Shapoor Zadran
While you're here
While you're here
While you're here
Mina Al-Oraibi: Invasion of Kuwait 30 years on: 'Our lives changed forever'
David Mack: Thirty years on from invasion of Kuwait, what have we learnt?
Mina Aldroubi: Rebuilding Iraq-Kuwait relations an ‘evolutionary' process
While you're here
Mustafa Alrawi: To get the 'jab' done, there must be patience and empathy
Damien McElroy: Anti-science attitudes in America are proving lethal
Editorial: What makes the UAE such a good place to test vaccines?
Editorial: The fight against Covid-19 should be guided by science
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
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Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
Oscars in the UAE
The 90th Academy Awards will be aired in the UAE from 3.30am on Monday, March 5 on OSN, with the ceremony starting at 5am
How to help
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
Tomorrow 2021
La Mer lowdown
La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
While you're here
Hussein Ibish: America's attitude to Palestine and Israel has subtly shifted
Con Coughlin: With every missile fired in Israel-Gaza, Biden's clout reduces
Anwar Mhajne: The moral burden of being a Palestinian citizen of Israel
LEADERBOARD
Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

